IHS Chemical Week

December intermediates contracts still being settled

1:24 PM MST | December 9, 2013 | Lindsay Frost

It was early days still for derivatives, but a few December settlements were reported. MEGlobal lowered its reference price for ethylene glycol in North America by 2 cts/lb. Large-volume buyers were said to be seeing a nickel discount off sellers’ posted prices, while spot business was off by 4 cts/lb, traders say. As is often the case, European ortho-xylene was the first isomer to be settled, and at a roll from November at...

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